Marathon Digital Holdings, Inc. (MARA)

NASDAQ: MARA · IEX Real-Time Price · USD
19.44
+1.89 (10.77%)
At close: Apr 23, 2024, 4:00 PM
19.47
+0.03 (0.15%)
After-hours: Apr 23, 2024, 7:59 PM EDT
10.77%
Market Cap 5.49B
Revenue (ttm) 387.51M
Net Income (ttm) 259.05M
Shares Out 282.64M
EPS (ttm) 1.06
PE Ratio 18.34
Forward PE 36.87
Dividend n/a
Ex-Dividend Date n/a
Volume 60,445,364
Open 17.30
Previous Close 17.55
Day's Range 17.25 - 19.89
52-Week Range 7.16 - 34.09
Beta 5.35
Analysts Buy
Price Target 21.11 (+8.59%)
Earnings Date May 8, 2024

About MARA

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida. [Read more]

Industry Capital Markets
Sector Financials
Founded 2010
Employees 60
Stock Exchange NASDAQ
Ticker Symbol MARA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $21.11, which is an increase of 8.59% from the latest price.

Price Target
$21.11
(8.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Marathon Digital Holdings Appoints Manoj Narender Madnani as Managing Director for EMEA Expansion

Fort Lauderdale, FL, April 15, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...

8 days ago - GlobeNewsWire

Marathon Digital (MARA) Ahead of Bitcoin's Halving

Marathon Digital (MARA) is pulling back today. Alex Coffey and Ben Lichtenstein discuss why this may be happening.

11 days ago - Schwab Network

Marathon Digital's Thiel on Bitcoin Halving, Mining Outlook

Marathon Digital CEO Fred Thiel says he's excited for Bitcoin's halving and discusses the state of Bitcoin mining and Marathon's growth strategy. He speaks on "Bloomberg Crypto.

14 days ago - Bloomberg Markets and Finance

Marathon Digital Holdings Appoints Vicki Mealer-Burke to Its Board of Directors

Fort Lauderdale, FL, April 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...

18 days ago - GlobeNewsWire

Why is MARA stock in news among crypto enthusiasts ahead of Bitcoin halving?

Marathon Digital (NASDAQ: MARA) has been gaining attention among crypto enthusiasts and investors alike, especially with the anticipation surrounding the upcoming Bitcoin halving event. As Bitcoin (BT...

18 days ago - Invezz

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2024

- Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of March 31, 2024

19 days ago - GlobeNewsWire

Marathon Digital Holdings Announces the Closing of its Acquisition of a 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm

Fort Lauderdale, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...

21 days ago - GlobeNewsWire

Marathon Digital's Stock Price Outpaces Bitcoin's 150% Rise As ‘Halving' Looms

In the last year, Bitcoin's price has soared 150% to $70,282. That increase is slightly below the 158% appreciation of Las Vegas-based crypto miner Marathon Digital's stock.

24 days ago - Forbes

Marathon Digital Holdings Releases Industry-Leading Bitcoin Mining Firmware and Control Board

Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available

4 weeks ago - GlobeNewsWire

Large-scale bitcoin miners are competing head on with AI companies for power: Marathon Digital CEO

Fred Thiel, Marathon Digital CEO, joins 'Closing Bell Overtime' to discuss volatility in bitcoin, the state of bitcoin mining, power needs for bitcoin mining and more.

4 weeks ago - CNBC Television

Marathon Digital Boosts Mining Output With New Purchase

Marathon Digital Holdings is buying a bitcoin mining center in Garden City, Texas for about $87 million. Marathon CEO Fred Thiel says this will help lower costs and boost output.

5 weeks ago - Bloomberg Markets and Finance

Marathon Digital Holdings Enters Definitive Agreement To Acquire 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm

All Cash Acquisition To Increase Marathon's Bitcoin Mining Portfolio to 1.1 Gigawatts, 54% of which Will Reside on Sites Directly Owned and Operated by the Company

5 weeks ago - GlobeNewsWire

Coinbase, MicroStrategy and Other Crypto Stocks Drop as Bitcoin Plunges

Bitcoin prices dropped near 10%, dragging down shares in crypto-exposed companies that had rallied in step with digital assets.

Other symbols: COINMSTR
5 weeks ago - Barrons

AMZN, META, MARA, RIOT: Stocks to Watch

Amazon (AMZN), Meta Platforms (META), and Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are today's big stocks. Stephen “Sarge” Guilfoyle and Rick Ducat discuss the technical trends...

Other symbols: AMZNMETARIOT
6 weeks ago - Schwab Network

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for February 2024

- Increased Energized Hash Rate 9% M/M to 28.7 EH/s - Increased BTC Holdings to 16,930 BTC; Total Cash and BTC of $1.5B as of February 29, 2024 Fort Lauderdale, FL, March 05, 2024 (GLOBE NEWSWIRE) -- ...

7 weeks ago - GlobeNewsWire

Bitcoin Climbs, While Marathon Digital (MARA) Is Left Behind

Marathon Digital (MARA) falls after mixed 4Q earnings. Its 4Q adjusted EPS came in at $0.02 versus an estimated $0.05 and its revenue came in at $156.77M versus an estimated $138.15M.

7 weeks ago - Schwab Network

Bitcoin Miner Marathon Digital Posts a Profit. Why the Stock Is Falling After Earnings.

The drop follows an impressive run that tracked Bitcoin's price higher.

7 weeks ago - Barrons

Marathon Digital swings to a profit, but its stock falls after earnings

Marathon Digital Holdings Inc.'s stock has been on a big run over the past month, but that was set to cool after the company's latest results.

7 weeks ago - Market Watch

Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2023 Results

-   Revenues Increase 229% to a Record $388 Million in 2023 -   Net Income Improves to $261.2 Million, or $1.06 per Diluted Share, in 2023 -   Adjusted EBITDA Improves to $419.9 Million in 2023 -   BT...

7 weeks ago - GlobeNewsWire

Bitcoin-related stocks, ETFs rise as the crypto approaches new record high

Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency's price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.

2 months ago - Market Watch

Are MARA, CLSK, BITF, and RIOT stocks good buys ahead of halving?

Bitcoin mining stocks are having a great week as the coin's price has gone parabolic. Marathon Digital (MARA) shares jumped by more than 20% on Monday and is slowly nearing its highest point in Decemb...

Other symbols: BITFCLSKRIOT
2 months ago - Invezz

OrdinalsBot Mints Full BRC-20 Token Supply in a Single Bitcoin Transaction with Marathon Digital Holdings

LONDON--(BUSINESS WIRE)--OrdinalsBot has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream.

2 months ago - Business Wire

Marathon Digital Holdings Launches Slipstream

New Direct Transaction Submission Service Designed To Streamline Confirmations for Large or Non-Standard Bitcoin Transactions Fort Lauderdale, FL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Ho...

2 months ago - GlobeNewsWire

Marathon Digital Holdings Schedules Conference Call for Fourth Quarter and Fiscal Year 2023 Financial Results

Earnings Webcast and Conference Call Set for Wednesday, February 28, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marat...

2 months ago - GlobeNewsWire

Marathon Digital Holdings To Assume Full Operational Control of Its Recently Acquired Bitcoin Mining Sites

Fort Lauderdale, FL , Feb. 01, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has entere...

2 months ago - GlobeNewsWire